Hogg Robinson is carrying out an enhanced transfer value exercise in an attempt to reduce the volatility of its pension obligations.
In an interim statement released today the firm announced that it had made the offer to all of the schemes deferred members - who account for approximately 40% of the scheme's accounting liabilities. ...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.